Live Updates

6 May 2025
According to Scotiabank’s Shaun Osborne, CAD remains stable within a bullish trend channel against USD

Canadian Dollar holds steady; focus on trade data and political meeting. USD/CAD shows gentle bearish trend.

6 May 2025
The EU plans tariffs on €100 billion of US goods if trade talks remain unsuccessful, continuing threats

EU may impose tariffs on €100 billion in US goods; markets may react via trading algorithms.

6 May 2025
As the US Dollar weakens, EUR/USD rises close to 1.1360 amid political developments in Germany

EUR/USD rises as U.S. Dollar weakens; ECB and Fed policy expectations influence currency markets and economic outlook.

6 May 2025
Chinese officials, including PBoC representatives, plan a press conference regarding market-stabilising financial policies

China to unveil financial policy package Wednesday to stabilize markets, featuring central bank and regulators’ officials.

6 May 2025
Eli Lilly & Company operates globally in pharmaceuticals and aims for a new weekly trading high

Eli Lilly’s stock shows bullish momentum, targeting $1155 post-correction; support holds above April 2025 low.

6 May 2025
The central bank in Taiwan is inspecting FX custodian banks to stabilise the market situation

Taiwan’s central bank acts to stabilize currency after volatility, inspecting FX custodians and enforcing strict trade controls.

6 May 2025
The Australian Dollar falls to around 0.6450 as China’s business activity experiences a slowdown

AUD/USD drops amid weak China data, US tariffs; RBA rate cut possible, Fed policy in focus.

6 May 2025
Despite weak Swiss inflation, EUR/CHF declines as expectations rise for a SNB rate cut

Swiss inflation falls below expectations in April, raising prospects of SNB rate cuts and possible NIRP return.

6 May 2025
In April, the UK services sector faced contraction, with declining orders and diminished business expectations

UK services sector contracts in April 2025 as new orders drop and business confidence weakens sharply.

6 May 2025
According to ING’s Warren Patterson, declining oil prices will lead to reduced drilling activity in the US

Falling oil prices reduce drilling, impacting US production and natural gas supply amid rising LNG export demand.

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